LONDON. Shares of £40. black. Folds. The right half of the certificate is discoloured (brown). Vignette of a lady amidst goods at a harbour. Small format. Company founded 1839 in London to operate a banking business in Australia, especially providing mortgage-backed loans. It was proposed that a capital of 1 million pounds was to be subscribed, and called upon as 'it can be profitably invested'. This sum would be lent at 10% - "a low rate of interest in these colonies" of the Southern Hemisphere. An example was taken from the Bank of Australasia, founded a couple years before. First time in our auctions.
Themes: BANK & FINANCE, CITY & STATE BONDS
Date: 9 February 1842
Startprice: € 100